GEVO trade ideas
Lines we need to cross on GEVO (possible uptrend confirmation).Lines we need to cross GEVO (Uptrend confirmation)
Orange: 0.5 Fib speed Retr.
Green: 0.5 Fib Retr.
Yellow: Current trend
GEVO: Bullish Pennant, confirmedBullish Pennant, confirmed
Pros:
Descending volume during formation
Volume increase at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 8
200MA Ascending
Cons:
250RSI below 50
Target:
PT = 25.21$
$GEVO MAMA StratReason for buying this stock:
1. Candle is above ALMA .
2. MACD - blue line crosses above the orange line.
GEVO, enter if you still have capitalI do not have enough to enter so.. if you enter, please decide ur own tp and sl
GEVO - breaking out of a pennant patternBreaking out of a pennant pattern and I'm looking for ~+8 in the next week or so.
Bullish on GEVOIn late Dec to early Jan, there was a formation of a symmetrical triangle. After which price shot up.
Today, we can see a similar symmetrical triangle formation where the price has broke out of. We can expect more upside from here based on the previous price movement.
2 entry points: Entering when market opens (higher risk), or wait for a retest against the triangle (lower risk, but might not happen).
Stop loss: ~11, slightly below triangle.
GEVO TA 210207*DISCLAIMER* This should not be taken as a financial advice and Im not a professional TA:er. This is just my thoughts and how I see it, I would love to hear your thoughts and we might learn from each other! At the end of the day we are all here to make money and learn, take care!
GEVO - Way to go (Bullish engulfing candle today)GEVO first broke decisively out of it's long term base (with resistence @ 4.90) on 12 Jan this year and never looked back since.
The price has since more than doubled to $12 today. However it is still early days yet as this is another stock with the hallmarks of a multi-bagger (patience!).
It hit a high of 14.50 last week and then consolidated to a low of 9.82 3 days ago before we start to see a few "hints" 2 days ago athat a resumption of the uptrend could be on the horizon, namely:
1. a green Harami candlestick forming on 1st Feb
2. bullish divergence seen between price & RSI
3. a bullish engulfing candlestick today
Long between 11-12 with initial stop loss slightly below it's pivot low of 9.83. Swing traders may consider to scale out along some long term resistences on the way up (eg 18.30, 24.60 ...) while those who are deep in the profits can consider to sit out future short term consolidations (within reasonable limits) and see how far this baby would bring us :)
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
GEVO- EntryTrade idea: GEVO (renewable energy)- in a dip, bounced off 50 day MA and bullish MACD cross.
Gevo Inc buy opportunityBuy at 3,3 with a stop loss of 1 and the targets as resistance lines to scale out of your positions.
$GEVO long analysis, $4 green line is my average of 4k shares :)Looking at the debt free Gevo that is planning to build new plants and new green administration of Biden, I think this analysis has a good chance of becoming reality. I'm in it for the long run
$GEVO CUP AND HANDLE. $20+ incoming!What's up guys! Beautiful Cup and handle on Gevo.
Been in it since the .80s on some brokers higher on others. This is definitely going to be a big runner in the years to come.
Just look at it. :) (educational of course don't go and buy GEVO without proper DD!)
